The message is the medium

1-2 years Until Banks “Get” Bitcoin

October 5, 2015

Nick Tomaino on banks and the Blockchain; “The momentum of Bitcoin over the past few years has forced banks, which have had massive power and profits for 50+ years, to start thinking more seriously about their antiquated technology stacks. The ‘blockchain technology’ experiments will be the entry points for many banks.” – URL

This is the first and typical knee-jerk reaction when big business learns about the Blockchain: “We can copy it”. Predicting; ca. 18 months from today until banks “get” Bitcoin.